NORFOLK MARKET SURVEY 10,000 SF | Norfolk & Virginia Beach
March 21, 2023
Prepared By: CHRISTINE KAEMPFE 757 499 1384 christine.kaempfe@thalhimer.com
5257 – 5269 CLEVELAND STREET Virginia Beach, VA 23462
FOR LEASE ± 1,173 TO ±15,321 SF CONTIGUOUS
Corporate Headquarters Near Virginia Beach Town Center
BRETT SAIN Senior Associate 757 213 4153 brett.sain@thalhimer.com
GEOFF POSTON, CCIM, SIOR Senior Vice President 757 213 4161 geoff.poston@thalhimer.com
PROPERTY FEATURES
Specifications Address
5269 Cleveland Street
Building Size 37,366 total SF Vacancies (Floorplans customizable for new tenant) Suite 107
1,500 SF
Suite 108 & 208
15,321 SF
Suite 201
5,507 SF
Suite 202
1,173 SF
Suite 207
1,535 SF
Total Vacancy
25,936 SF
Warehouse
±6,500 SF of fully conditioned production/shop space
Construction
Masonry
Year Built
1987
Electrical Systems
Single phase, 200-amp 120/240v
Lighting Elevator
T5 Lighting
Yes
Trash
Shared dumpsters 8’-12’ clear height
Clear Height
Loading Signage
Five (5) 10’w x 10’h grade level doors
Interstate visibility/exposure
Parking
Ample surface parking
Zoning
I-1, Light Industrial
Lease Rate
$13.00 PSF, NNN
OPEX
$2.31 PSF
PROPERTY AERIAL
FIRST FLOOR SPACE PLAN
SECOND FLOOR SPACE PLAN
PROPERTY PHOTOS
Suite 201 -Reception
Suite 202 – 1,173 SF Office
Suite 201 -Conference Room
Suite 201 -Breakroom
PROPERTY PHOTOS
Suite 208 -Boardroom
Suite 107 - Conditioned Shop
Suite 108 -Warehouse
Suite 108 - Production Area
5257 - 5269 CLEVELAND STREET
The Town Center of Virginia Beach 222 Central Park Avenue, Suite 1500 Virginia Beach, VA 23462 757 499 2900 | thalhimer.com
BRETT SAIN Senior Associate 757 213 4153 brett.sain@thalhimer.com
GEOFF POSTON, CCIM, SIOR Senior Vice President 757 213 4161 geoff.poston@thalhimer.com
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman Wakefield | Thalhimer ©2022. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
OFFICE FOR LEASE
5700 THURSTON AVE VIRGINIA BEACH, VA 23455
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
5700 THURSTON AVE VIRGINIA BEACH, VA 23455
PROPERTY SUMMARY
PROPERTY DESCRIPTION Ofce building centrally located in Virginia Beach of Northampton Blvd in Airport Industrial Park. Convenient access to city of Norfolk, Interstate 64, Hampton Roads Bridge Tunnel and the Chesapeake Bay Bridge Tunnel. Less than 1 mile from Norfolk International Airport and in close proximity to Little Creek Naval Base.
OFFERING SUMMARY Lease Rate:
$16.50 SF/yr (Full Service)
Building Size:
74,740 SF
SPACES Suite 100 Suite 102 Suite 109 Suite 111 Suite 200 Suite 203 Suite 206 Suite 208 Suite 212
LEASE RATE $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr $16.50 SF/yr
SPACE SIZE
5,322 SF
PROPERTY HIGHLIGHTS
1,977 - 4,180 SF 2,247 - 5,757 SF 3,510 - 5,757 SF 4,403 - 13,805 SF 8,388 - 13,482 SF 6,432 - 13,805 SF
Located in an Opportunity Zone 2 story building with elevator, beautifully renovated in 2009 Ample parking with adjacent overfow space available Owner will improve space to tenant’s requirements Some suites are ready for immediate occupancy
1,095 SF
2,970 - 13,805 SF
PROPERTY SUMMARY // 2
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
KRISTA COSTA 757.333.4356 KCOSTA@DIVARIS.COM
NICOLE CAMPBELL 757.333.4303 NICOLE.CAMPBELL@DIVARIS.COM
RACHEL SALASKY 757.333.4333 RACHEL.SALASKY@DIVARIS.COM
5700 THURSTON AVE VIRGINIA BEACH, VA 23455
FIRST FLOOR PLAN
FIRST FLOOR PLAN 1
FIRST FLOOR PLAN // 3
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
KRISTA COSTA 757.333.4356 KCOSTA@DIVARIS.COM
NICOLE CAMPBELL 757.333.4303 NICOLE.CAMPBELL@DIVARIS.COM
RACHEL SALASKY 757.333.4333 RACHEL.SALASKY@DIVARIS.COM
5700 THURSTON AVE VIRGINIA BEACH, VA 23455
SECOND FLOOR PLAN
SECOND FLOOR PLAN 2
SECOND FLOOR PLAN // 4
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
KRISTA COSTA 757.333.4356 KCOSTA@DIVARIS.COM
NICOLE CAMPBELL 757.333.4303 NICOLE.CAMPBELL@DIVARIS.COM
RACHEL SALASKY 757.333.4333 RACHEL.SALASKY@DIVARIS.COM
5700 THURSTON AVE VIRGINIA BEACH, VA 23455
ADDITIONAL PHOTOS
ADDITIONAL PHOTOS // 5
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
KRISTA COSTA 757.333.4356 KCOSTA@DIVARIS.COM
NICOLE CAMPBELL 757.333.4303 NICOLE.CAMPBELL@DIVARIS.COM
RACHEL SALASKY 757.333.4333 RACHEL.SALASKY@DIVARIS.COM
Krista Costa Executive Vice President 757.333.4356 Kcosta@Divaris.Com
Nicole Campbell Assistant Vice President 757.333.4303 Nicole.Campbell@Divaris.Com
Rachel Salasky Associate, Office Leasing And Investment Sales 757.333.4333 Rachel.Salasky@Divaris.Com
The information contained herein should be considered confdential and remains the sole property of Divaris Real Estate, Inc. at all times. Although every efort has been made to ensure accuracy, no liability will be accepted for any errors or omissions. Disclosure of any information contained herein is prohibited except with the express written permission of Divaris Real Estate, Inc.
OFFICE/RETAIL BUILDING FOR LEASE
TIDEWATER PLAZA 6520 INDIAN RIVER ROAD, VIRGINIA BEACH, VA 23464
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
TIDEWATER PLAZA 6520 INDIAN RIVER ROAD, VIRGINIA BEACH, VA 23464
PROPERTY OVERVIEW
OFFERING SUMMARY Available SF:
Tidewater Plaza provides a unique opportunity for frst foor ofce space with ample parking. This space ofers easy access to the interstate and great visibility on the corner of Indian River Road and South Military Highway. PROPERTY OVERVIEW PROPERTY HIGHLIGHTS Building Signage Available Adjacent Land can be Available Ample Parking (6/1,000 SF) Available Immediately Easy access to I-264/Dedicated Turn Lane Furniture negotiable
14,095 SF (subdivisible)
Lease Rate:
$13.00 SF/yr (NNN) Est. Op Ex $3.11/SF/yr
Building Size:
47,488 SF
Zoning:
B2
Market:
Hampton Roads
Submarket:
College Park
DEMOGRAPHICS
1 Mile
3 Miles
5 Miles
Total Households:
3,533
32,453
103,742
Total Population:
8,462
80,698
258,871
Average HH Income:
$81,949
$75,614
$73,021
PROPERTY OVERVIEW // 2
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
VIVIAN L. TUROK 757.333.4398 VTUROK@DIVARIS.COM
ASHLEY BECK 757.333.4302 ASHLEY.BECK@DIVARIS.COM
TIDEWATER PLAZA 6520 INDIAN RIVER ROAD, VIRGINIA BEACH, VA 23464
FLOOR PLAN - 14,095 SF
FLOOR PLAN - 14,095 SF // 3
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
VIVIAN L. TUROK 757.333.4398 VTUROK@DIVARIS.COM
ASHLEY BECK 757.333.4302 ASHLEY.BECK@DIVARIS.COM
TIDEWATER PLAZA 6520 INDIAN RIVER ROAD, VIRGINIA BEACH, VA 23464
AERIAL
AERIAL // 4
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
VIVIAN L. TUROK 757.333.4398 VTUROK@DIVARIS.COM
ASHLEY BECK 757.333.4302 ASHLEY.BECK@DIVARIS.COM
TIDEWATER PLAZA 6520 INDIAN RIVER ROAD, VIRGINIA BEACH, VA 23464
ADDITIONAL PHOTOS
ADDITIONAL PHOTOS // 5
DIVARIS REAL ESTATE INC // 4525 MAIN STREET, SUITE 900, VIRGINIA BEACH, VA 23462 // DIVARIS.COM
VIVIAN L. TUROK 757.333.4398 VTUROK@DIVARIS.COM
ASHLEY BECK 757.333.4302 ASHLEY.BECK@DIVARIS.COM
Vivian L. Turok Senior Vice President 757.333.4398 Vturok@Divaris.Com
Ashley Beck Sales And Leasing Associate 757.333.4302 Ashley.Beck@Divaris.Com
The information contained herein should be considered confdential and remains the sole property of Divaris Real Estate, Inc. at all times. Although every efort has been made to ensure accuracy, no liability will be accepted for any errors or omissions. Disclosure of any information contained herein is prohibited except with the express written permission of Divaris Real Estate, Inc.
5315 HENNEMAN DRIVE NORFOLK, VA
PROPERTY OUTLINE
PROPERTY SUMMARY • • •
PROPERTY OVERVIEW • • •
Available SF:
10,097 SF
5315 Henneman Drive is a 10,097 SF former Rite Aid training center, which is part of the 100-acre Norfolk Commerce Park. The parcel is located 2.5 miles (8 min. drive) from the Norfolk International Airport, which services 1,113,000 passengers annually. The site has easy access to Interstate 64 and is zoned BC-O (Business and Commerce Park - Office).
Pricing: Corridor:
$15 PSF, Net
Norfolk Commerce Park
DEMOGRAPHICS • • •
1 MI.
3 MI.
5 MI.
PROPERTY HIGHLIGHTS • • •
Population:
12,285
104,214
312,773
• 10,097 SF located within the Norfolk Commerce Park • Easy access to Interstate 64 and the Norfolk International Airport • Densely populated trade area
Total Households:
4,565
38,992
120,568
Avg. Household Income:
$63,808
$65,655
$73,765
VENTURE REALTY GROUP • • • 1081 19TH STREET, SUITE 202-203 | VIRGINIA BEACH, VA 23451 • • • 757.491.1990 • • • WWW.VENTUREREALTYGROUP.COM
SAMANTHA OGDEN SAMANTHA@VENTUREREALTYGROUP.COM 757.491.1990 X 19
5315 HENNEMAN DRIVE NORFOLK, VA
FLOOR PLAN
VENTURE REALTY GROUP • • • 1081 19TH STREET, SUITE 202-203 | VIRGINIA BEACH, VA 23451 • • • 757.491.1990 • • • WWW.VENTUREREALTYGROUP.COM
SAMANTHA OGDEN SAMANTHA@VENTUREREALTYGROUP.COM 757.491.1990 X 19
OFFICE SPACE 861 Glenrock Road Norfolk, Virginia The Circle East Building
$16.50/RSF FULL SERVICE RATE_
No CAM charges or Pass –Throughs
Up to 13,500 RSF Available
Full service Lease
Generous improvement allowance
5 Parking spaces / 1,000 rsf
Building signage potential
Central location cross roads of I - 264 and 64
Amenities include: Shopping, Banking and hotels.
SCOTT GODBOUT
Carter Godbout & Associates
757 - 525 - 4947
Commercial Real Estate
scott@cartergodboutassociates.com
Web site www.cartergodboutassociates.com
Second Floor - Approximately 25,000 RSF
Carter Godbout & Associates
Commercial Real Estate
2713 Colley Avenue Norfolk, VA 23517
FLEX SPACE FOR LEASE
FLEX SPACE WITH RETAIL PRESENCE
ABOUT PROPERTY
± 15,000 - 17,250 SF Available Flex Space with Retail Presence 12-15’ Ceiling Height Two Small Yards & Street Parking Available 3-Phase Power Nicely laid out Floor Plan Office Space in Good Condition Zoning: I-L (Industrial Light) Ideal for assembly, manufacturing, or creative re-use LEASE RATE: $7.95/SF, NET UTILITIES
For more information: RYAN KING 757.640.8210 RyanKing@HarveyLindsay.com
999 Waterside Drive n Suite 1400 Norfolk,Virginia 23510 757-640-8700
LINDSAY BILISOLY 757.640.8234 LindsayBilisoly@HarveyLindsay.com
www.HarveyLindsay.com
PARCEL VIEW RETAIL AERIAL
2713 Colley Avenue, Norfolk, VA
YARD
YARD
Norfolk Naval Station
SITE
Railyard at Lambert’s Point
CHELSEA DISTRICT
DOWNTOWN NORFOLK
GHENT
For more information: RYAN KING 757.640.8210 RyanKing@HarveyLindsay.com
999 Waterside Drive n Suite 1400 Norfolk,Virginia 23510 757-640-8700
LINDSAY BILISOLY 757.640.8234 LindsayBilisoly@HarveyLindsay.com
www.HarveyLindsay.com
The information contained herein has been obtained from sources believed to be reliable but is not warranted. We cannot be responsible for errors, omissions, withdrawal, or prior lease or sale.
2713 Colley Avenue, Norfolk, VA
SITE INFORMATION
77
2,156 SF
28
55
1,320 SF
24
50
24
25.5
2,000 SF
55
40
40
113
70.5
9,970 SF
50
3,960 SF
67
77
YARD
YARD
For more information: RYAN KING 757.640.8210 RyanKing@HarveyLindsay.com
999 Waterside Drive n Suite 1400 Norfolk,Virginia 23510 757-640-8700
LINDSAY BILISOLY 757.640.8234 LindsayBilisoly@HarveyLindsay.com
www.HarveyLindsay.com
The information contained herein has been obtained from sources believed to be reliable but is not warranted. We cannot be responsible for errors, omissions, withdrawal, or prior lease or sale.
CONCEPTUAL FLOOR PLAN
2713 Colley Avenue, Norfolk, VA
YARD
YARD
For more information: RYAN KING 757.640.8210 RyanKing@HarveyLindsay.com
999 Waterside Drive n Suite 1400 Norfolk,Virginia 23510 757-640-8700
LINDSAY BILISOLY 757.640.8234 LindsayBilisoly@HarveyLindsay.com
www.HarveyLindsay.com
The information contained herein has been obtained from sources believed to be reliable but is not warranted. We cannot be responsible for errors, omissions, withdrawal, or prior lease or sale.
PHOTOS OF PROPERTY
2713 Colley Avenue, Norfolk, VA
For more information: RYAN KING 757.640.8210 RyanKing@HarveyLindsay.com
999 Waterside Drive n Suite 1400 Norfolk,Virginia 23510 757-640-8700
LINDSAY BILISOLY 757.640.8234 LindsayBilisoly@HarveyLindsay.com
www.HarveyLindsay.com
The information contained herein has been obtained from sources believed to be reliable but is not warranted. We cannot be responsible for errors, omissions, withdrawal, or prior lease or sale.
CHRISTINE KAEMPFE 757 499 1384 christine.kaempfe@thalhimer.com
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